Crispy Burnt Classic Ferrari to Fetch Millions

Another classic Ferrari has been unearthed in less than savory condition and is poised to net millions at auction. It is a 1967 Ferrari 330 GTS with fire damage, rust and the ability to not only attract a buyer, but empty their pockets in the process.

Classic Ferrari cars in their original condition, even if that condition is damaged, are worth millions. We have seen this trend going on at auctions and it will continue in Scottsdale when this one changes hands. This Ferrari GTS may look like it belongs in a junkyard, but it will end up a valued piece of someone’s classic car collection.

Classic Ferrari

About the 1967 Ferrari 330 GTS:

  • It was shipped from the Ferrari factory in Italy directly to Carrozzeria Pininfarina. There it was given a special “Celeste Blu” coat, wheels and luxurious leather interior.
  • It was the 5th in a production run of just 99 GTS models.
  • In its day, its $15,000 price tag was considered quite exorbitant.

This classic Ferrari was sent to an auto importer back in 1967 and sold to an auto collector in New York. The collector, Dr. Samuel Scher, added the Ferrari to his fleet of Bugattis, Alfa Romeos, Rolls-Royces and more. After logging around 20,000 miles in under two years, the Ferrari caught on fire and was sold at an insurance auction in New Jersey.

Classic Ferrari

That is where the story dead-ends, as the Ferrari simply sat in a Pennsylvania garage for the next 45 years. It will be interesting to see how much a buyer is willing to pay for it, and what they end up doing with the car. Gooding expects the rare car to net upwards of $2 million, stating: “There is a premium right now on cars that are in original condition. For some people, this car, with its original paint and materials, is more attractive than a shiny restored car where the chrome is shining and everything is perfect.”

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